The Bank of Canada cut its key interest rate by half a percentage point, bringing it to 3.75 per cent. With annual price growth now around two per cent, the central bank says its job has shifted from ...
Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb.
The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point.